Mercedes received 50,000 orders for new E class
Daimler’s luxury brand Mercedes-Benz received 50,000 orders for its new E-class sedan prior to its launch at the end of March, the company said on Tuesday.
Read moreDaimler’s luxury brand Mercedes-Benz received 50,000 orders for its new E-class sedan prior to its launch at the end of March, the company said on Tuesday.
Read moreThe head of partly state-owned automaker and Renault JV partner Iran Khodro has been replaced.
Read moreIt’s based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller.
Read moreGM Daewoo Auto and Technology, the South Korean unit of General Motors, swung to a huge net loss in 2008, as massive foreign exchange bets to hedge overseas sales turned sour on a weaker won and declining exports, the firm said Tuesday.
Read moreGeneral Motors will introduce four-day working weeks in engine production at its powertrain plant in Hungary, the news agency MTI reported on Tuesday.
Read moreWith car production set to take a further dive, government should step in with ‘job support’ measures until the good times return, said IMI president Professor Garel Rhys in his keynote address at this year’s Institute of the Motor Industry (IMI) dinner.
Read moreJaguar Land Rover is expected to get a lifeline from the European Investment Bank on Tuesday when it approves a GBP300m loan for the car maker.
Read moreThe clock is ticking for French coachbuilder Heuliez, and it’s anyone’s guess whether a solution will be found before the 90-year-old family-owned firm collapses.
Read moreIts based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller.
Read moreIts based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller.
Read moreFalling demand for company cars dented automobile sales in the Czech Republic in the first three months of 2009, pushing new registrations down by an annual 16.4 percent, the country’s Car Importers Association said.
Read moreGermany’s Commerzbank is preparing to issue an offer document to a “handful” of potential investors in General Motors Opel unit, the Financial Times reported on Tuesday, citing sources close to the automaker.
Read moreGermany’s Commerzbank is preparing to issue an offer document to a “handful” of potential investors in General Motors Opel unit, the Financial Times reported on Tuesday, citing sources close to the automaker.
Read moreBelarus is offering tax breaks to automakers willing to set up assembly plants in the ex-Soviet state. The Belarus government hopes ultimately to create a national automaking plant, Igor Rogozin, a senior government official said.
Read moreAs Volkswagen AG nears a decision on where its Up mini-car family will be built, sources close to CEO Martin Winterkorn say that the company’s Bratislava plant in Slovakia will get the nod.
Read moreVolkswagen AG will overtake U.S. rival General Motors this year to become the world’s second-largest automaker by volume, market research company R.L. Polk Germany said on Monday.
Read moreGermany’s Economy Minister Karl-Theodor zu Guttenberg plans to visit Abu Dhabi to explore the possibility of the Gulf emirate taking a stake in General Motors’ German unit Opel, a newspaper said.
Read moreVolkswagen said on Monday that it does not plan to purchase assets from its majority shareholder Porsche Automobile SE to help fund Porsche’s intended acquisition of a 75 percent stake in VW.
Read moreIf you could pick one vehicle to serve as a metaphor for what General Motors is trying to do to make itself leaner, meaner and better positioned to fight off foreign competitors, it’s the 2010 Cadillac SRX.
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